Welcome to our dedicated page for Kaiser Aluminum news (Ticker: KALU), a resource for investors and traders seeking the latest updates and insights on Kaiser Aluminum stock.
Kaiser Aluminum Corporation (KALU) delivers engineered aluminum solutions for critical aerospace, automotive, and industrial applications. This news hub provides investors and industry professionals with comprehensive access to official company announcements and market-relevant coverage.
Track all essential updates including quarterly earnings disclosures, manufacturing innovations, strategic partnerships, and operational developments. Our curated collection ensures timely access to press releases detailing product advancements, facility expansions, and leadership changes impacting KALU's market position.
Key focus areas include aerospace material breakthroughs, automotive extrusion technologies, and sustainability initiatives within specialty aluminum production. Bookmark this page for efficient monitoring of KALU's progress in advancing high-performance aluminum applications across core industries.
Kaiser Aluminum Corporation (NASDAQ: KALU) plans to release its fourth quarter and full year 2022 financial results on February 22, 2023, followed by a conference call on February 23, 2023. Notably, the Company is renaming 'value added revenue' to 'Conversion Revenue' and revising its calculation of Hedged Cost of Alloyed Metal as part of an effort to clarify financial reporting. The fourth quarter outlook for Adjusted EBITDA remains consistent with previous projections as stated in November 2022. Changes to Adjusted EBITDA reporting will align with new SEC guidance, impacting other non-GAAP measures as well.
Kaiser Aluminum Corporation (NASDAQ:KALU) has declared a quarterly cash dividend of $0.77 per share. This dividend will be payable on February 15, 2023, to shareholders who are on record by the close of business on January 25, 2023. Kaiser Aluminum, based in Franklin, TN, is a prominent producer of semi-fabricated specialty aluminum products, serving various industries including aerospace and automotive since its inception in 1946.
Kaiser Aluminum Corporation (NASDAQ: KALU) has announced that President and CEO Keith A. Harvey will participate in the Goldman Sachs Metals & Mining Conference on November 17, 2022. His presentation is scheduled for 12:45 p.m. ET, followed by investor meetings. The event will be streamed live, and an audio archive will be available for 30 days on the company’s website. Kaiser Aluminum specializes in semi-fabricated specialty aluminum products for various industries, with its stock included in the Russell 2000 and S&P Small Cap 600 indices.
Kaiser Aluminum Corporation (NASDAQ:KALU) reported third quarter 2022 net sales of $749 million, a slight dip from $751 million in the same period last year due to an 11% decline in shipments. Adjusted net income was $10 million, or $0.60 per diluted share, up from $9 million, or $0.57 per diluted share, a year earlier. The company faced $24 million in incremental costs due to supply chain disruptions, although magnesium supply issues have been resolved. Adjusted EBITDA dropped to $31 million, down from $50 million in Q3 2021, reflecting an 8.8% margin.
Kaiser Aluminum Corporation (NASDAQ:KALU) has declared a quarterly cash dividend of $0.77 per share, payable on November 15, 2022, to shareholders of record as of October 25, 2022. The company, a leading producer of semi-fabricated specialty aluminum products, continues to serve various markets including aerospace and automotive. Founded in 1946 and headquartered in Franklin, Tenn., Kaiser Aluminum is included in both the Russell 2000® and S&P Small Cap 600® indices, reflecting its ongoing commitment to quality and innovation.
Kaiser Aluminum Corporation (NASDAQ:KALU) will release its third quarter and first nine months 2022 financial results on October 19, 2022, post-market. The company has scheduled a quarterly conference call for October 20, 2022, at 10:00 AM Pacific Time. This call will be accessible through U.S. and international lines, with a conference call ID of 67161023. The call will also be available via a live webcast on the company’s website, ensuring investors can stay updated on performance metrics and company strategy.
Kaiser Aluminum Corporation (NASDAQ:KALU) announced the lifting of the force majeure declared on July 7, 2022, at its Warrick Rolling Mill due to magnesium supply issues. The company faced significant production limitations as its primary magnesium supplier, US Magnesium, ceased deliveries in June 2022. Kaiser has now secured alternative magnesium sources and is finalizing agreements for 2023, allowing it to restore full production. The company is collaborating with customers to ramp up output and meet demand after resuming normal operations.
Kaiser Aluminum Corporation (NASDAQ:KALU) has announced that President and CEO Keith A. Harvey will participate in the Jefferies Industrial Conference on August 9, 2022, at 2:30 PM Eastern time. Harvey will also engage in investor meetings throughout the day. A live webcast of his presentation can be accessed on the company's investor relations website, with an audio archive available for 30 days post-event. Kaiser Aluminum, based in Franklin, Tennessee, specializes in semi-fabricated specialty aluminum products across various industries.
Kaiser Aluminum Corporation (NASDAQ:KALU) reported its Q2 2022 results, highlighting net sales of $954 million and a net loss of $14 million or $0.87 per diluted share. Adjusted EBITDA was $41 million with a margin of 10.9%, impacted by $17 million in supply chain issues. Despite challenges, strong demand in aerospace and packaging sectors propelled a 30% rise in average selling prices. For H1 2022, net sales reached $1.9 billion with $747 million in value-added revenue, indicating successful price adjustments despite ongoing inflationary pressures.
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